Understand amendments in Section 200(3) of the Income Tax Act, effective via Finance Act 2024, impacting TDS correction deadlines and processes.
SEBI proposes allowing stock brokers to operate in GIFT-IFSC via Separate Business Units (SBUs), eliminating approval requirements for subsidiaries or JVs.
Ensure GST compliance before March 2025 ends. Update billing, file LUT, reconcile ITC, and opt for schemes. Avoid penalties and litigation in FY 2025-26.
Appointment of other officer such as CTO, COO, and CMO as Key Managerial Personnel (KMP) under Companies Act, 2013 – Key Considerations Under the Companies Act, 2013, certain roles are defined as Key Managerial Personnel (KMP) to ensure effective governance and compliance. While the Act explicitly identifies positions such as Managing Director (MD), Chief Executive […]
Latest GST advisories, compliance deadlines, and updates on tax evasion and insurance-related GST policies for March 2025. Key actions for taxpayers included.
Analysis of India’s taxation policies since 2016, covering demonetization, GST, indirect tax hikes, and their impact on businesses, jobs, and economic stability.
If you’re planning to invest in stocks, mutual funds, or other financial instruments, a demat account is a must. It’s the digital wallet that holds your investments securely, eliminating the need for physical share certificates. But with so many options available, how do you decide which demat account provider is best for you?
Section 128A of the Central Goods and Services Tax (CGST) Act introduces an amnesty scheme aimed at resolving pending GST disputes by waiving interest and penalties for specific tax periods, provided certain conditions are met. To avail of this waiver, taxpayers must utilize the prescribed forms: SPL-01 and SPL-02. Overview of Section 128A Section 128A […]
A provision changed having made effective from a past date is what we understand from a retrospective amendment, but in our back of mind it is always assumed that such emendation is issued basically as a last resort by the Govt to correct a genuine and inadvertent error for the larger interest of all the […]
CBIC defines camera module components for concessional duty under Customs Notification 57/2017, ensuring uniform classification for mobile phone manufacturing.
